NGC 1232 is an intermediate spiral galaxy about 60 million light-years away in the constellation Eridanus. It was discovered by German-British astronomer William Herschel on 20 October 1784.

It is dominated by millions of bright stars and dark dust, in spiral arms rotating about the center. Open clusters containing bright blue stars are sprinkled along these spiral arms, with dark lanes of dense interstellar dust between. Less visible are dimmer stars and interstellar gas, comprising such a high mass that they dominate the dynamics of the inner galaxy. Not visible is matter of unknown form called dark matter, needed to explain the motions of the visible material in the outer galaxy. The galaxy is approximately 200,000 light-years across, in between the sizes of the Andromeda Galaxy and our home galaxy, the Milky Way.

NGC 1232 and its satellite are part of the Eridanus cluster of galaxies, along with NGC 1300.